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Question 83

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Use the following to answer questions:
Figure: The Demand Curve for Crossings Use the following to answer questions: Figure: The Demand Curve for Crossings   -(Figure: The Demand Curve for Bridge Crossings)  Look at the figure The Demand Curve for Bridge Crossings. Demand is price_____ between $0.90 and $1.10, since total revenue _____ when the price _____. A)  elastic; increases; decreases B)  inelastic; stays the same; decreases C)  unit-elastic; stays the same; increases D)  inelastic; increases; increases
-(Figure: The Demand Curve for Bridge Crossings) Look at the figure The Demand Curve for Bridge Crossings. Demand is price_____ between $0.90 and $1.10, since total revenue _____ when the price _____.


A) elastic; increases; decreases
B) inelastic; stays the same; decreases
C) unit-elastic; stays the same; increases
D) inelastic; increases; increases

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